CL

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0210%/8h= −23.0% APRnext payment −$1.05 per $10,000 · paid last 24h −0.066%

Price spread now: edgeX against BloFin−0.009%701s7-day average +0.006% · you buy dearer than you sell

Net, funding: paid 7d − costs−$95as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$450.455% of the position

Long on BloFin Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.498%−$50 on $10k

Price spread, last 3 days (all we have)+0.065%+$6 · spread now −0.009%, 7d avg +0.006%

Together, before fees−0.433%+ Points / potential airdropedgeX: Active · farm board−$43 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.006%, so right now this pair is about funding alone: −$6 a day on $10k at the current rate. The two prices were read 701 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin CL-USDT	92.730	0.0228	pay 0.0114% / 4h	2h 36m	$4.0M	$1.2M	50x
Short	edgeX CLUSDC	92.721	0.0018	get 0.0009% / 4h	2h 36m	$533K	$297K	30x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX against BloFin. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee BloFinbpFee edgeXbpOrdersPrice spread, now −0.009%Rate

Funding earned: −$44.13
Price spread: −0.009% → +0.006%: −$1.52
Slippage, 4 orders: −$24.5
Fee BloFin: 6 bp × 2 orders: −$12
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$91.15
Costs to cover: 0.455%
Break-even: never at this rate

Slippage from BloFin: live order book, 12 min ago; edgeX: live order book, 32 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy BloFin live order book, 12 min ago	1.08 bp	9.2 bp −$9	9.2 bp −$92	11.8 bp −$1,183	21.6 bp −$10.8K
Sell edgeX live order book, 32 min ago	10.10 bp	14.6 bp −$15	15.0 bp −$150	22.9 bp −$2,289	doesn't fit

CL on 36 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Deribit WTIOIL_USDC-PERPETUAL	−0.0504%	1h	92.740	+0.011%	$198K	$366K	15x	as long as short
Aster CLUSD1	−0.0330%	4h	92.777	+0.051%	$23.9M	$74.5M	20x	as long as short
GRVT CL_USDT_Perp	−0.0296%	4h	92.686	−0.047%	$50K	$633K	25x	as long as short
Binance CLUSDT	−0.0272%	4h	92.770	+0.043%	$244.3M	$991.6M	100x	as long as short
Variational Omni CL	−0.0266%	4h	92.741	+0.011%	$13.3M	$11.1M	—	as long as short
Gate CL_USDT	−0.0154%	8h	92.710	−0.022%	$20.9M	$53.0M	100x	as long as short
tradeXYZ xyz:CL	−0.0067%	1h	92.775	+0.049%	$185.1M	$221.7M	20x	as long as short
Ondo Perps WTI-USD.P	−0.0065%	1h	92.710	−0.022%	$3.5M	$5.7M	20x	as long as short
Coinbase International WTIOIL-PERP-INTX	−0.0048%	1h	92.030	−0.755%	$399K	$939K	15x	as long as short
Kraken Futures PF_WTIOILUSD	−0.0038%	1h	92.797	+0.072%	$275K	$870K	25x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Nado WTI-PERP	−0.0036%	1h	92.809	+0.085%	$936K	$677K	10x	as long as short
QFEX CL-USD	−0.0033%	1h	92.740	+0.011%	$2.5M	$1.7M	10x	as long as short
OKX CL-USDT-SWAP	−0.0010%	4h	92.760	+0.032%	$42.8M	$106.1M	50x	as long as short
dYdX WTI-USD	0.0000%	1h	92.754	+0.026%	$8K	$3K	5x	as long as short
Bybit CLUSDT	0.0000%	8h	92.781	+0.055%	$26.3M	$82.9M	150x	as long as short
Bitget CLUSDT	0.0000%	4h	92.762	+0.035%	$41.9M	$45.8M	100x	as long as short
Phoenix WTIOIL	0.0000%	1h	92.790	+0.065%	$37K	$51K	20x	as long as short
Bullet WTIOIL-USD	0.0000%	1h	92.768	+0.041%	$17K	$240K	10x	as long as short
gTrade (Gains Network) WTI/USD	L 0.0000% / S +0.0036%	1h	92.338	−0.423%	$5K	—	150x	as long as short
Extended WTI-USD	+0.0016%	1h	92.790	+0.065%	$2.1M	$25.0M	10x	as long as short
edgeX CLUSDCshort	+0.0018%	4h	92.721	−0.009%	$533K	$297K	30x
Paradex CL-USD-PERP	+0.0023%	8h	92.740	+0.010%	$16K	$367	5x	as long as short
Lighter WTI	+0.0032%	1h	92.759	+0.031%	$11.2M	$10.2M	20x	as long as short
RISEx CL/USDC	+0.0037%	1h	92.883	+0.166%	$3.3M	$2.7M	20x	as long as short
Aftermath Perps WTIUSD	+0.0038%	1h	92.757	+0.029%	$2K	$28K	5x	as long as short
StandX CL-USD	+0.0040%	1h	92.380	−0.377%	$726K	$3.0M	40x	as long as short
Vest CL-PERP	+0.0046%	1h	92.790	+0.065%	—	$310K	10x	as long as short
Polymarket Perps WTIOIL-USD	+0.0050%	1h	92.775	+0.049%	$1.6M	$1.3M	20x	as long as short
SoDEX CL-USD	+0.0050%	1h	92.765	+0.038%	$2.1M	$61K	20x	as long as short
KuCoin CLUSDTM	+0.0068%	4h	92.800	+0.075%	$7.2M	$2.3M	50x	as long as short
Pacifica CL	+0.0100%	1h	92.761	+0.033%	$331K	$616K	10x	as long as short
ApeX Omni CLUSDT	+0.0100%	1h	92.760	+0.032%	$56K	$265K	50x	as long as short
Aevo WTIOIL-PERP	+0.0104%	1h	92.733	+0.004%	$4K	—	10x	as long as short
GMX WTIOIL/USD [ETH-USDC]	L +0.0207% / S −0.0131%	1h	92.755	+0.027%	$78K	—	111x	as long as short
Injective WTI/USDC PERP	+0.0220%	1h	101.83	+9.817%	$19K	$11K	30x	as long as short
BloFin CL-USDTlong	+0.0228%	4h	92.730	long leg	$4.0M	$1.2M	50x